Wells Fargo Bank in Iowa vs the state
12.9%Denial rate-0.01 pts vs state
17.3%Decision denial rate+2.03 pts vs state
60.9%Origination rate-7.58 pts vs state
6.50%Median rate0.00 pts vs state
0.18Rate spread (pts)-0.02 pts vs state
$81kMedian applicant income
526Loans originated
111Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,188 | 697 | 20.5% | 6.50% | #16 |
| 2024 | 965 | 537 | 19.0% | 6.50% | #18 |
| 2025 | 864 | 526 | 12.9% | 6.50% | #28 |
What Wells Fargo Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Wells Fargo Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 207 | 127 | 28 | 13.5% |
| Dallas County | 57 | 41 | 3 | 5.3% |
| Linn County | 52 | 33 | 4 | 7.7% |
| Woodbury County | 51 | 28 | 10 | 19.6% |
| Story County | 49 | 39 | 2 | 4.1% |
| Cerro Gordo County | 48 | 33 | 9 | 18.8% |
| Scott County | 47 | 19 | 8 | 17.0% |
| Marshall County | 24 | 11 | 5 | 20.8% |
| Marion County | 23 | 13 | 4 | 17.4% |
| Warren County | 21 | 11 | 2 | 9.5% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 864 applications in 2025, of which 526 were originated and 111 denied.
12.9% of all applications, or 17.3% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Wells Fargo Bank originated in Iowa in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Wells Fargo Bank's own HMDA filing for properties located in Iowa, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology